The Business Times, 9 April 1997

Total Pages: 72
1 72 The Business Times
  • 13 1 THE BUSINESS TIMES M1TA (P) 023/12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, APRIL 9,1997
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  • 8 1 fIMHI •.v -V D MM* (+5.79)
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  • 38 1 KM. W* BAITT ~.MK Nfi BUPIAH M< M42^p|i JAKARTA VM BANGKOK j> ~~l*» afe,. 1 jm9\ »aSHjy&'SprajBBi^ TOKYO J.l» r r T1t» ''zuwer* i uo LONDON— 1» f NEW YORK —a* *Aw*MUIlNfa. ~n* ntc* (Source: NatWest Bank)
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  • 573 1  -  Breaches of new lending limits not an industry-wide problem: official From Eddie Toh in Kuala Lumpur TO the relief of stock market players, the Malaysian central bank has said that "not many" banks have breached the new lending limits to the
    Source: Bloomberg  -  573 words
  • 736 1  -  Tnas Power to kike capacity; Sempec station gets nod By Ronnie Lim [SINGAPORE] Power play is starting to surface in Singapore's electricity generation business. Monopoly supplier Singapore Power (SP) is gearing up for the coming battle with new emerging independent power producers
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  • 546 1  -  Amount estimated at between $60band$65b By] Lee Han Shih [SINGAPORE] Singaporeans have withdrawn half of the money in the Central Provident Fund (CPF) to buy their homes, estimates suggest. Though exact figures are not available, official figures suggest that between $60
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  • Page 1 Advertisements
    • 76 1 H UK l|p§| Prime Minister John ■Umiirin fhr iirrfiliT STJSSS. I proposed £80Qm tax break E for SMEs, Pglft >r DBS Land plans to haw Rill-fledged property .-,1 companies with listing faWSTAUH j tl»lIww|M^PP v MM, j* IS Substantial |f ivlfi More interesting a» a» amounts of f| unrealised profits
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    • 41 1 ERIC CHU A due new pet in town [SINGAPORE) One thousand Tamagotches—those electronic pet chicks that are all the rage in Japan were put on the shelves ofTakashimaya Department Store yesterday and they are now all gone. PnD report, Pg 2
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    • 37 1 —y*. r— This special three-part pullout section comes free with your BT TODAY. lilra BL vg. TAGHGUSt a o .M SL'.V 3S ex. MI'.D GAVE. V- JB \-A> m NEW S EL ERitS jk V s> i
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  • SINGAPORE AT HOME & ABROAD
    • 506 2  -  Citibank, UOB lead posh to offer such products amid slower growth in home loans By' Tan Su Yen FACED with slower growth in home loans, banks have identified a new market that could work out to $500 million a year home reconstruction
      506 words
    • 375 2  -  Move will help improve resource allocation: Dr Ha By. Audrey Tan ALL ministries and statutory boards housed in governmentowned buildings will start paying rent from next year as part of a drive to improve resource allocation, Finance Minister Richard Hu
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    • 123 2 DIESEL-DRIVEN vehicles will have to meet more stringent exhaust emission standards from July 1. A Ministry of Environment statement said yesterday passenger cars will have to meet the 93/59/ EEC standard (that is, the European Union emission limits for light commercial vehicles) or the 1994
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    • 289 2 IT'S HERE. Touted as the original "virtual reality pet", the Tamagotch (or Tamagotchi) is an electronic chicken on a liquid crystal display which has taken Japan by storm and looks set to cause a flap here. A thousand of the toys were snapped
      ERIC CHU  -  289 words
    • 252 2  -  Focus is on property, manufacturing and warehousing By Clarissa Tan SINGAPORE'S total commitment in the pioneer markets of Central and Eastern Europe haa reached more than $500 million, according to Trade Development Board (TDB) chief executive officer Barry Desker. Most of these
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    • 364 2  -  EYE OH THE ECONOMY Outlook By, Audrey Tan NON-OIL domestic exports are expected to grow between 5 and 6 per cent this year double last year's 2.7 per cent on the back of higher world trade growth and a recovery in global electronics demand by
      Source:  -  364 words
    • 448 2  -  By' Tan Su Yen NTUC INCOME is set to launch Singapore's first carsharing cooperative in June and at rates that should pose some competition to taxi operators. The pilot scheme at Toh Yi Drive an HDB estate where two-thirds of the 1,600 households do not
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    • 207 2  -  By] Diana Oon TECHNOLOGY Parks, a Jurong Town Corporation subsidiary, changed its name to Arcasia Land yesterday. The name change and launch of the company's new corporate identity is to avoid the confusion which comes with having a generic name, said Arcasia chairman, MajorGeneral Lim
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    • 185 2 SINGAPORE Telecommunications is re-distributing some subscribers affected by service disruptions over the past two weeks to other switches at the Orchard Exchange. In a statement yesterday, Sing Tel said the re-distribu-tion will be done in stages to ensure that subscribers who are moved can retain their
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  • Page 2 Advertisements
    • 131 2 Why must you remain uncompetitive? Say NO to see dramatic results. *> Chances are high that your company is still struggling with outdated batch processing accounting software. Which means there is considerable duplication of work in all the departments, reports are always delayed and morale of your accounts staff is
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    • 27 2 |\lo 1 OFFSHORE COMPANY SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA Tel: (65) *****82 Fax: (65) *****91 OFFSHORE WITH COiSJrIDENCE —==-^=^———J
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    • 79 2 Vietnam InternatkMial Interactive Networking /Y*x and Intranet/Internet Technology Expo '97 Oflts: 14 17 Juno 1997 wWF Ho Chi Mfnh City Srgmnieer: The Steering Committee for National Programme on Information Technology (SCNPfT) /S/\ Vietnam Construction Technology I& Conference Expo '97 P 11 'I Dote: 6-9 Jurw 1997 Venue: Ho Chi Minh
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • 434 4  -  TMUMMIUAL VIEWPOINT Technicals suggest that past supports become resistances if markets break these supports By] Naresh Verma The writer is a manager of technical analysis advisory (South-east Asia) at DowJones. The opinions in this column are personal and do not represent the
      Source: Dow Jones  -  434 words
    • 451 4 Investors moving into bills and notes on rate rise worries Bloomberg (NEW YORK] Cash could be king again in the US Treasury market as expectations grow that the Federal Reserve will keep raising interest rates. Investors are yanking money out of longer-term
      Bloomberg  -  451 words
    • 411 4 Bloomberg [NEW YORK] With emerging markets providing top performance this year, some investors are going to extremes and trying their luck in such African countries as Egypt, Mauritius, Zimbabwe and Zambia. After two disastrous years in 1994 and 1995, and, with some exceptions notably
      Bloomberg; FILE PHOTO  -  411 words
  • Page 4 Advertisements
    • 152 4 -zz===== 1 ■Gre« pe^*<fstei «s Ipd those wishing J I 'to subscribe. FINANCIALjnMES I s In order to serve you better, the Financial Times has changed distributors in Singapore. If you currently subscribe to the K. FT, please contact us directly or through our new distributor to ensure continued delivery.
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    • 180 4 ASIA'S BIGGEST SECURITY QH UMJJ AND FIRE SAFETY SHOWS .ARE BACK! Rescue BUDZmsa asia'97 < r r 4 i i /V 9 9 11 TECHNICAL PROGRAM I I Transportation Distribution Security lISSM'97 VIII international seminar True Alarm one solution to the problem ■■MttjMfl q(, security at Mauritius of false alarms
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  • Page 5 Advertisements
    • 197 5 ()lll||(\\ l i i \lv I I•i.Is•I*\II! I h M >1 1 I Wi > I 11s .il\.l>. I I. I .lli v. 1 \•> I \j,, Mil!!!, !M |t jr. lIP I U i .I1H!11\IvIi»v11 P t I« >I I < > I I III" I<>l .1 1 ('II\
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  • SOUTH-EAST ASIA
    • 557 6  -  BANGKOK Bat finance, property sectors' problems are expected to be prolonged By\ Harish Mehta THE pressures affecting Thailand's troubled financial and property sector are expected to be more prolonged than foreseen, but these negative trends will not hurt Thailand's sovereign creditworthiness, Standard
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    • 305 6  -  BANGKOK By'. Harish Mehta STATE-owned oil giant the Petroleum Authority of Thailand (PTT) is expanding its oil retail operations in China. It is investing over US$lOO million (Ssl44 million) in a liquefied petroleum gas storage depot and a string of petrol stations
      305 words
    • 254 6 MANILA Market tumbles 2.7% after sliding 2.3% on Monday Bloomberg THE Philippine Stock Exchange Composite Index yesterday tumbled 2.7 per cent, its biggest decline in more than five months, amid concern that banks could face growing loan defaults. The index had fallen 2.3
      Bloomberg  -  254 words
    • 277 6 JAKARTA AFP RENEWED clashes between rival supporters of Indonesia's ruling Golkar party and the Muslim-based United Development Party (PPP) flared in three central Java towns, leaving nine people injured, a report here said yesterday. Trouble erupted on Sunday in central
      AFP  -  277 words
    • 70 6 [BANGKOK] Thai demonstrators waving flags in front of a line of riot police posted around Government House yesterday. The demonstrators were protesting against a lack of government action on social issues. Thousands of people, members of the Assembly of the Poor, attempted to blockade Prime Minister Chaowalit
      AFP  -  70 words
    • 278 6 WASHINGTON AFP IGNORING protests from Europe and Japan, a US state that slapped stiff sanctions last year on companies operating in military-ruled Myanmar could expand the law to cover Indonesia as well. The sanctions bill, under consideration by a Massachusetts legislative panel, targets Jakarta's heavy-handed
      AFP  -  278 words
    • 125 6 ■YANGON Reuter MYANMAR's military government yesterday said a bomb attack that killed the daughter of a senior army official was masterminded by an-ti-government groups based in Japan. It said in a statement that the parcel bomb that exploded on Sunday night at the
      Reuter  -  125 words
    • 617 6  -  IUIIIBW STpore and lTsla should forge closer ties at the highest level By Yang Razali Kassim Monday's meeting in New Delhi between the foreign ministers of Singapore and Malaysia must have come as a relief to many in the business community who have
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  • Page 6 Advertisements
    • 337 6 SI n|l Trn 23-25 April 1997 111 I Singapore International HI Convention Exhibition Centre JHll Lull.Asia Asia's largest and most comprehensive Automatic Data Collection/Identification and Communications Exhibition Conference Find all the ADC/ID solutions you need to achieve excellence EXHIBITION HIGHLIGHTS in company productivity at Scan-Tech Asia *97. Japanese Pavilion Individual
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  • CHINA-HONGKONG-TAIWAN
    • 607 7  -  TAIPEI Taipei's uncertain status looms large in many minds as colony's handover to Beying draws near By] Bruce Cheesman TAIWAN'S top conglomerates and government trade offices in Hongkong are facing increasing staff defections in the lead-up to the July 1 handover to China.
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    • 423 7 SHANGHAI Motrins sees China lifting forex controls in three years AFP SHANGHAI will become a larger investment centre for China than Hongkong in 15 to 20 years time, the head of a top fund management Arm said here on Monday. The comments by regional
      AFP  -  423 words
    • 271 7 HONGKONG Bloomberg AFP HONGKONG property prices are expected to drop by up to 10 per cent following the introduction of government measures to cool speculation in the market, a property developer said yesterday. Lee Shau-kee, chairman of Henderson Land Development, told reporters prices would
      Bloomberg; AFP  -  271 words
    • 285 7 HONGKONG AFP CHINA has ordered a cus-tom-made bullet-proof limousine for its leaders during Hongkong's handover celebrations, it was reported here yesterday. Authorities in the prosperous Shenzhen economic zone, neighbouring Hongkong, have ordered a 15 million yuan (S$2.S9 million) armour-plated Mercedes-Benz 600, the Chi-nese-language
      AFP  -  285 words
  • Page 7 Advertisements
    • 146 7 V c9s Coach makes the BEST BUSINESS DEALS. 1 V [COACHJ jh "I Coach is an American classic, built upon a 54-year legacy of honest style and skilled craftsmanship. u From handbags and briefcases to luggage and accessories, Coach offers a wide selection of fine, handcrafted leathergoods for men and
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  • ASIA
    • 603 8 TOKYO Greenback boosted by interest rate gap; Japan says it win respond to US unit's climb 'appropriately' AFP, Bloomberg JAPANESE financial authorities yesterday said they would act "appropriately" in response to the dollar's recent rapid rise against the yen, but ruled out any
      AFP,; Bloomberg; Source: Bloomberg; REUTER  -  603 words
    • 428 8 ■TOKYO Insurers look set to pour 3 trillion yen into foreign bonds Reuter WITH the lure of higher yields, Japanese institutions are expected to keep pouring money into the United States despite the risk of a falling US dollar, senior currency traders
      Reuter  -  428 words
    • 292 8 TOKYO AFP JAPAN'S Economic Planning Agency (EPA) yesterday said the economy was continuing its recovery for the 42nd month, but the agency's chief said there were no grounds yet for "strong euphoria". "The economy is continuing its recovery move," the EPA said in its
      AFP  -  292 words
    • 391 8 NEW DELHI Move a bid to avoid fresh polls AFP INDIA'S ruling coalition and the Congress (I) Party agreed here yesterday to launch formal peace talks in a bid to defuse a 10-day political crisis, news agencies said. The United Front coalition
      AFP  -  391 words
    • 194 8 SYDNEY AFP VISITS to Australia by two senior Chinese ministers signal a warming in bilateral ties which was sought by Australian Prime Minister John Howard on a visit to China last week. China's Minister for Justice Xiao Yang is to meet
      AFP  -  194 words
    • ASIA Notes
      • 71 8 Bloomberg [SEOUL] South Korea may let leading industrial groups help run commercial banks, defying criticism this will give the nation's biggest companies too much control over their finances. The Financial Reform Committee, which was set up by President Kim Young Sam in
        Bloomberg  -  71 words
      • 74 8 AFP {TOKYO] US Defence Secretary William Cohen defended the US military presence in East Asia yesterday, warning that a reduction could lead to a regional arms race and an increased danger of conflict Mr Cohen was responding to a stir caused here by
        AFP  -  74 words
      • 96 8 AFP [SYDNEY] For the first time since Australian records began, Britain ceased to be the country's greatest source of migrants in the 1996-96 financial year, according to a report by the Bureau of Statistics. It showed New Zealand surged to the top of the immigration
        AFP  -  96 words
  • Page 8 Advertisements
    • 248 8 Asia's Premier Technology Exhibition for the Capital Markets Incorporating Asia's third annual convention Pvrhanno 'Q7 A.SI AC is the meeting place for Exchanges Regulatory Agencies The conference which discusses business and information Securities Firms Asset Fund Managers technology issues within equities and derivatives exchanges I j Risk Managers Investment Banks
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    • 82 8 KEPPEL FINANCE LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT Foreiqn Shareholdings Pursuant to Article 23(4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company from shareholders and from information supplied by the Central Depository (Pte) Limited, 5.76% of the
      82 words
    • 60 8 MURDOCH TERRACES SOMERVILLE BOULEVARPE MURDOCH, WESTERN AUSTRALIA A COMFORTABLE LIFESTYLE OF CONVENIENCE 2 Level Terrace Houses, Ideal for Students Professionals 1 A" Townhouses have 3 J bedrooms and 2 bathrooms Only 10 minutes from Perth and five minutes ii 9 from Fremande a Close to Shoppmj Centres and Murdoch University
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  • Page 9 Advertisements
    • 351 9 GLOBAL ft v i Invest IN THE r Growing y -S k AFFLUENCE FUND v -'■'V \*V r *25 V' "y* •>£%•'•«'-. -'""A r The Unicorn has long been regarded in Eastern and Western cultures as a symbol of strength and stability that brings good fortune to all those associated
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  • THE WORLD
    • 409 10 I WASHINGTON Feb sales gain of 2.1% largest in over two years; analysts don't see stocks growing Bloomberg A SURGE in US wholesale sales kept a lid on inventory accumulation in February, the latest sign that the economy continues to forge ahead, government figures
      Bloomberg  -  409 words
    • 398 10 WASHINGTON Pace slowed doe to h»nlr« tightening their loan standards Bloomberg AMERICAN consumers borrowed at a slower pace in February as banks toughened their standards for new loans, Federal Reserve figures show. Borrowing rose US$6.7 billion (559.6 billion) for the month in line
      Bloomberg  -  398 words
    • 254 10 BIRMINGHAM. England Reuter PRIME Minister John Major pitched yesterday for the votes of Britain's growing army of small businessmen by proposing an £800 million (511.87 billion) tax break for fledgling firms. Mr Major travelled to the central city of Birmingham, the workshop of
      Reuter; REUTER  -  254 words
    • 135 10 WASHINGTON Reuter THE US Labour Department said on Monday that it will begin regular publication of an > experimental consumer price index from tomorrow. The new index uses a geo- metric mean instead of the arithmetic mean formula to calculate price changes at the
      Reuter  -  135 words
    • 317 10 GENEVA Reuter NEWLY-UNCOVERED records show that Swiss banks, already in trouble over the lost money of Jewish Holocaust victims, closed thousands of bank accounts without holders' knowledge after World War 11. The records, discovered by journalists in cantonal archives in Lausanne and seen
      Reuter  -  317 words
    • 131 10 MOSCOW Reuter PRESIDENT Boris Yeltsin cracked the whip yesterday, outlining key economic tasks for his new-look cabinet and accusing Russia's conservative parliament of shoddy work. Mr Yeltsin met Prime Minister Viktor Chernomyrdin in the Kremlin and urged him, not for the first time,
      Reuter  -  131 words
  • Page 10 Advertisements
    • 348 10 A Lucent Technologies B*ll L*bi kmovationi Market Leadership through Excellent Customer Service Join us for the unique opportunity to learn from Lucent Technologies call centre experts and our distinguished keynote speaker from US. Achieve customer satisfaction through technology transformation e Leverage emerging technology to establish new business models ji>. e
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  • EDITORIAL & OPINION
    • 785 11  -  THB BOTTOM LDVB OPINION By Leon Hadar The writer is BT's Washington correspondent MARKET observers who attended the Washington wedding of Alan Greenspan suggested the usually calm Federal Reserve chairman was somewhat how shall we say? "irrationally exuberant" when he planted a long,
      785 words
    • 106 11 'I can't remember what I told the prosecutors and, as I said before, I can't answer the question because I am being prosecuted.' Chung TkiSoo Hanbo chairman who frustrated lawmakers with contradictory testimony on the first day ofpolitically explosive hearings on the massive Hanbo corruption scandal. 'It
      106 words
    • 567 11 EDITORIAL INDONESIAN stocks and the rupiah tumbled last week on rumours that President Suharto was unwell. While the rumours were swiftly denied, the market reaction illustrates just how sensitive foreign investors have become to the issue of political succession. To be sure, there is a speculative element
      567 words
    • 1162 11  -  German chancellor might yet decide it is for the best to postpone European monetary onion By Brian Beedham NEVER mind whether John Major has the faintest hope of winning Britain's election on May 1, or whether Jacques Chirac is thinking of calling surprise parliamentary elections in
      ALBERT SIM  -  1,162 words
    • 879 11 Tb> world ofOr—tfpaa AFTER the US Federal Reserve Bank raised the Fed Funds rate 25 basis points last month and after the Dow Jones Industrial Average then plummeted hundreds of points, everyone from Mom and Pop to the trading titans has been asking: "What next?" Welcome
      879 words
  • Page 11 Miscellaneous

  • EXECUTIVE LIFESTYLE
    • 566 12  -  Wynton Marsalis wins prize for music, akthpk spiectttt.maw reports ARTHUR SPIEGELMAN Reuter Reporters whose subjects ranged from the war in Afghanistan to the fight against Aids won Pulitzer prizes on Monday and, for the first time in 80 years, the awards paid homage
      Reuter; FILE PHOTO  -  566 words
    • 805 12  -  THEATRE Hie Necessary Stage's latest production explores the workings of memory, dreams and other landscapes By Holly Harrison APARTMENT dwellers who missed out on one of childhood's greatest joys exploring an attic full of old junk can now live that experience vicariously. All it takes is
      805 words
  • Page 12 Advertisements
    • 165 12 I■'-V v I V i r x v 1J y i WKr wVI —J L»~ i ~"ft- AA >■/ i In today's competitive business, people who have on successful presentations have or where men hi lightweight J. K Weighing only 5.4 kg with a slightly j ■Bft MOW m Please
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    • 22 12 ■TSffiWWMTWW^BWhats on at TaxL Carlos SaiaxL Spain *s (19Q6).ue«tes.B(A).ir CM®d»(l9o6).»*ta«.ro ru **»imr**L.Ritwik H G/wmit India (lfi«).m mlns. PG. WW £SS2«5*SS5^i /toortSoMO* iSßSwft.iwg^E
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  • Page 13 Advertisements
    • 207 13 Where to wine, dine and entertain kttp ://www. ana-hotels. com I ot just seafood either. Visit our home page and you can c rder tonight'■ dinner from our cyber (election. Browse t trough the menu, leave u> your order and it'll be ready t pick up before you can say
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    • 122 13 PASTA FEAST I st- 14th April 1997 YOUR CHOICE OF I. SPAGHETTI x-j- 2. TORTELLINI j] 4. MACARONI jjny SCALLOPS/CLAMS/ SQUID/SHRIMP accompanied with < girlie bread —PRICE SSIS.OO+-H-Cahret Chardonnay or Calvet Cabernet Saavifnon SSS.OO+++ per (lau SS35.<XH++ per bottle LUNA COFFEE For rewrvatioas, call 733 2MI ext 4M > r
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    • 131 13 I "Let's Dine At The Pool Terrace Restaurant..." Dining at the Royal Holiday Inn Crowne Plaza takes on a decidedly relaxed tone. Any time of the day, all day, everyday... With an enticing breakfast menu, an excellent dinner menu offering seafood and steaks, and an all-day selection of choice snacks.
      131 words
    • 43 13 -jlSgS* SINGAPORE BUSINESSGiving you the winning edge I HERBAL ll Z' NOURISHMENT A !> Nlll VITALITY /{J Specially Bnewed TURTLE SOUP. OnlyslS*** (xf9)s2s++*(Uxge) TURTLE SOUP reservations, iCki>tal«Wt; I call *****66 •ammimt, im» W rf ext. 1108. iiniißiKisffiimii V I—l IMMaHMa.»«ap<M2MM.IitX9MMtac7)74MI IHWUBKH OMdtMMpdlfHrifeMklMHaadLM R?u'i PeWtoc*dNl«M*aO)
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    • 81 13 Kgest! Dian Xin Restaurant At The Neptune on Shenton Way i Dian Xin/Lunch l j /j\ ,<1 j 11.30am-2.3opm\^^ ®«S*J55 7TH FLOOR. OVERSEAS UMOH HOUSE. How, for jutf IK.tSVM- r*T fer*o«t, you CM* keif yourself fo Hve At*erie*w fc««Wefr H-'j «v suMffuotts HvM- wont- jmf »«w*We your i*er*i«<3 ifM you*
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  • Page 13 Miscellaneous
    • 793 13 TVVRADIO Sir. That's My Baby. 8.00 Berita 12. naiiin«wio7cg>————■ 12.45 AM Star Trek: The Next 830 Wa.iah. MO PM The Winners. Generation Man of the MO Cinta Korporat. 330 Money. Money, Money. People. 1030 Cinemathique Joint UO The Money Club. L 35 The Bill. Venture (See Our Choice). .1 4.00
      793 words
    • 156 13 CRYPTIC CROSSWORD house (8) 30 Space-traveller finds me in bed done for* (3,3,2,4.2) YESTERDAY'S SOLUTION (5) 15 Fawn has to move stealthily (5) DOWN 16 Some of the pasta shapes |EmcmpiEM|E|NiTMS|T|6py| 1 Trusted friend needs to stocked by store (5) ißffNflEßafltlllcßuMc change self-image (5,3) 18 Chaplain who is upwardly mo-
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  • Page 14 Advertisements

  • COMPANIES & MARKETS
    • 391 15  -  Market value of ▼an der Horst's investments exceeds its book value by $180.7 million By Ven Sreenivasan yesterday {SINGAPORE] The market value of Van der Horst's investments exceeded that carried in its books by $180.73 million, or some 300 per cent, as at Sep 30, according
      yesterday  -  391 words
    • 334 15  -  Performance is an improvement over 1995's 16% By< Clarissa Tan [SINGAPORE] One in five Central Provident Fund members who used CPF savings to buy shares last year reaped net profit up from 16 per cent in the previous year. CPF
      334 words
    • 252 15 [SINGAPORE] Nat Steel's successful revamp and earnings performance have maintained its place on the buy list of institutions and funds. Over the past three weeks or so, the company's share price has surged more than 15 per cent, on top
      252 words
    • 624 15  -  HOCK LOCK SIEW Jennifer Lien CREATIVE Technology's announcement last Thursday that its forthcoming results would beat analysts' expectations caught more than a few analysts by surprise. The surprise was not just at Creative's assertion that margins for the quarter ended March 31
      624 words
    • 255 15 (SINGAPORE] DBS Land and government investment company Temasek Holdings have jointly embarked on a project to set up a 366-room business class Merchant Court hotel in Sydney, Australia. DBS Land, through its wholly-owned hotel operator Raffles International, will take a
      255 words
    • 588 15  -  Bank runs ad to remind them of 40% ownership rule By* Catherine Ong [SINGAPORE] Time's running out for foreign holders of United Overseas Bank (UOB) warrants who face what is seen to be a higher than usual risk of not being able
      Source: Bloomberg  -  588 words
    • REGIONAL COMPANIES
      • 360 17  -  Turnover rises 47% while pre-tax profit is up only 24% dne to lower margins By, Jennifer Lien [SINGAPORE] Precision engineering company Uraco Holdings yesterday posted an 18 per cent rise in net profit to $8.2 million for the half year ended
        360 words
      • 516 17  -  Fundamentals will offset rate hike worry: economist Froml Loh Hui Yin in Hongkong AN INFLOW of Chinese capital, a sound economy, good corporate earnings and rising property prices will offset the nagging worry about further interest rate hikes in Hong- kong and
        516 words
      • 357 17 [SINGAPORE] Almost three-quarters of Serial System's initial public offer were allotted to investors who applied for less than 50 lots, or 50,000 shares. More than half the shares, or 53 per cent, will go to small investors who applied for less than
        357 words
      • 209 17 [SINGAPORE] Zagro Asia Ltd yesterday announced two acquisitions worth a total of Ss2.B million. Zagro is acquiring the remaining 60 per cent equity interest in Zuellig Agrochem Corporation Inc (ZAC) from Zuellig Corporation. With the acquisition, Zagro will own 100 per cent of ZAC. Zagro will
        209 words
      • 327 17  -  21% stake makes themed restaurant group an associate company of HPL By- Annette Pau [SINGAPORE] Hotel Properties Ltd has raised its interest in Planet Hollywood International Inc, making it an associate company. The listed property counter yesterday said it has acquired 1.37 million shares
        FILE PHOTO  -  327 words
      • 102 17 [SINGAPORE] Ho Wah Genting International yesterday said it had increased the issued capital of two wholly owned subsidiaries, acquired a new subsidiary, and incorporated a new subsidiary. The company has raised the capital of Horiguchi Engineering (Singapore) Pte Ltd from Ss2 to Ss2 million
        102 words
      • 234 17 [SINGAPORE] Singapore Technologies Electronic Engineering (STE&E) yesterday said it won a $79.5 million government contract to design, develop and install a secured Command and Control System for the Ministry of Home Affairs. STE&E, a unit of Singapore Technologies Industrial Corporation, said it would work jointly
        234 words
    • CORPORATE – FOCUS
      • 779 18  -  Plans are afoot to grow full-fledged property companies with listing potential in key countries in the region Reports by< Jenny Lam [SINGAPORE] DBS LAND is gearing up to be a significant property player in the region, one which will eventually have full-fledged property companies
        FILE PHOTO  -  779 words
      • Article, Illustration
        605 18  -  JEN CHUA ExDandins in the region.' DBS Land's major projects in China Hongkong '<&■ -fi v V? i .'"r "x, howumi Square Huangpu District Dev. 46-«torey office tower and 7-storey retail niifininiir 1999 (retail podium); 2000 (office tower) Sfte/OFfc 15,201 sqm/125.200 sqm MfcutteesUte47.5% Partners Orchard Parade Holdings
        Source: DBS Land  -  605 words
      • 515 18 The two markets hold $1.5b, or over 50% of the group's commitments abroad CHINA and Hongkong are fast shaping up as key markets for DBS Land. Over half of the group's investment commitments abroad or some $1.55 billion have gone into these two markets,
        515 words
    • COMPANIES
      • 582 19 Investors expect Wharfs profit will help it weather two lawsuits Bloomberg Reuter, SCMP [HONGKONG] Shares of conglomerate Wharf Holdings rose yesterday as traders bet its profit will weather two lawsuits that may force the company to pay out HKSI billion (SslB6 million)
        Bloomberg; Reuter,; SCMP; Source: Bloomberg  -  582 words
      • 413 19 CHEER ON CHIP PROMT Analysts say margins are improving, bat revenues of USs6.6b are shy of estimates Reuter [CHICAGO] Technology giant Motorola Inc, still battling the downturn in its key semiconductor business, on Monday reported first quarter earnings of US$325 million (SJ46B
        Reuter  -  413 words
      • 350 19 Recent recovery in prices of Dram chips expected to continue Reuter [SEOUL] A recent recovery in memory chip prices is expected to continue through this year, sharply raising profits of South Korean chipmakers, company officials and analysts said yesterday. "I expect some companies
        Reuter  -  350 words
      • 220 19 Reuter [PALO ALTO] Advanced Micro Devices Inc reported an unexpected first-quarter profit on Monday, reflecting surprisingly strong computer chip sales. The Sunnyvale, Californiabased company earned U5512.95 million (5518.6 million) or 9 US cents a share for the quarter ended March 30, compared with a
        Reuter  -  220 words
      • 329 19 Reuter [KUALA LUMPUR] Public Bank Bhd said yesterday it is proposing a restructuring and listing of two of its subsidiaries through an investment holding company on the main board of the Kuala Lumpur Stock Exchange. The bank said in a statement that
        Reuter  -  329 words
      • 186 19 Bloomberg [MANILA) Vickers Ballas Holdings Ltd, a Singapore financial services company, partly owned by Citicorp, is mulling the purchase of a stake in Air Philippines Corp, the airline's president said. "I have been approached by a representative of Vickers Ballas," Rodolfo Estrellado said. "They said
        Bloomberg  -  186 words
      • 351 19 Made more money than most other clubs each earn in year FT [LONDON] The widening gap between the haves and havenots of English football was demonstrated on Monday when Manchester United revealed it made more profit in six months than
        FT; FILE PHOTO  -  351 words
    • FINANCE & COMMODITIES
      • 489 20  -  Absa targets residential, commercial property purchases in S Africa By: Louis Beckerling THE largest financial services group in South Africa, Absa Bank, yesterday unveiled new loan schemes aimed at Asian buyers of South African residential and commercial property. The launch follows reciprocal
        489 words
      • 333 20  -  International operations account for 35% of bank's income By\ Shiv Taneja [SINGAPORE] France's biggest and most profitable commercial bank, Societe Generate, saw a 59 per cent growth in gross operating income from the Asia-Pacific region, and sees continued good growth, chief executive officer Daniel Bouton
        333 words
      • 309 20 Reuter [TOKYO] Former Sumitomo Corp chairman Tomiichi Akiyama was sued for 200 billion yen (552.3 billion) by a shareholder over the company's huge losses on world copper markets, a lawyer for the shareholder said yesterday. Sumitomo shareholder Kazuyoshi Yuoka yesterday filed
        Reuter  -  309 words
      • 180 20 AFP [SHANGHAI] France's Banque Indosuez has been approved to do local currency business in China, the chief secretary of the People's Bank of China Shanghai branch, Zhang Rongfang, said yesterday. Mr Zhang denied reports that a full third batch of foreign banks had
        AFP  -  180 words
      • 347 20 FT [LONDON] Auditors to the Equitas reinsurance group have qualified its first accounts, published on Monday, because of doubts over the reliability of data necessary to assess the risks it faced. Equitas is the company which last year assumed the billions of pounds in financial
        FT  -  347 words
      • 256 20 KL hopes to weed out crooks in bid to curb commercial crime DPA [KUALA LUMPUR] Malaysia plans to introduce psychological tests for all new employees of banks and finance companies to weed out potential crooks in a bid to curb commercial crime. Newspapers yesterday
        DPA  -  256 words
      • 206 20 SIMTHf Report Reuter [SINGAPORE] Simex Euroyen futures slipped yesterday as the yen's drop against the dollar and sales of Japanese government bonds (JGBs) weighed on the market. The market came under pressure early in the day on news Kabun Muto, director-general of Japan's
        Reuter  -  206 words
      • 191 20  -  MSCI TAIWAN FUTURES By Perry Gilbert ry Gilbert, vice-president, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures yesterday faUed to hold on to early gains after concerns over the extent of the recent rally entered the market. Early optimism was
        191 words
      • 241 20 ENERGY REPORT Reuter [SINGAPORE] Hongkong oil terminal operators could suffer a drop in sales after the British colony reverts to Chinese rule at the end of June as Beijing is likely to clamp down on smuggling, industry sources said yesterday. Terminal operators said
        Reuter  -  241 words
      • 284 20 Reuter EXPECTATIONS of a rise In US interest rates fuelled a surge in the value of the dollar to a 55-month high point against the yen as Japanese investors pumped funds into US Treasury bills. The dollar also rose sharply against the mark, pulling the pound up in
        Reuter  -  284 words
      • Article, Illustration
        754 20 DITEEBAOTt CROSS EATB8 AS c$ m r* msmntrnm v mi mm* Hm m I sr o, a l as as is asas *5as asa%* »gj||g gr is ss ,i a»#s as«« as« jss as isia£Hs Ss 2s 2 si a r« s i 3 3 S 81SII a a s
        754 words
    • 1354 21 noonruTUMs Aprs SiMmSmaUJ cjom VM opw p» U» Srtt ftOMMt) tatWftt tori? *l5 «US mm «0 975 2% S3 *7.75 jgg W »00 m 17 naoo OTO aL 97 wwo wo Sir ***** '870 StKcn nun mo a JB AN noo M «M hm 23 StfL 118.25 TO.
      1,354 words
    • 1762 21 »M N— ASPorts *****0 uneh AMoy Nottonol 770 ♦MOO UMDWMC4 444 -4.400 AMMC 09 .400 AsdaOroup i. i 11 W2 4.400 ■ATM 532.400 5.400 •one ITS -400 8ICC_ 247 BOC Group 943 unch BR PttroMum *83 *4*00 BTR 254 -2 •ink of Scotland 322 uneh lirtlm 10*4.400
      1,762 words
    • 1545 21 Reuter Hwkkeiaas ****** STOCKS ended with sharp gains yesterday after export-oriented shares rallied, inspired by the yen's weakness against the dollar, brokers said. But they said sectors burdened by bad loans were still weak. The 225-share Nikkei Average rose 306.03 points at 18,021.70. Its June futures were 390 points
      Reuter  -  1,545 words
    • Article, Illustration
      1613 22 Bloomberg n Hang Seng >110.73 STOCKS rose for a third day yesterday, led by banks and Wharf Holdings as a rally in US shares helped boost confidence that corporate earnings will keep growing. HSBC and Hang Seng Bank added the most to the Hang Seng Index. Gains in US
      Bloomberg  -  1,613 words
    • Article, Illustration
      712 22 Reuter g Shenzhen B Index -LOB THE Shenzhen B share market closed lower yesterday in response to steep falls on the A market triggered by renewed warnings from the securities authorities on the risks of stock investment. Brokers said caution is likely to dominate the markets in the next
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  712 words
    • 378 22 AFP □wp Index -57.07 SHARE prices finished lower yesterday on heavy trading as investors locked away profit following recent major gains. "After recent heavy gains, investors turned cautious over the market's short-term outlook and rushed to take profit," said a trader. The Weighted Price Index slid 57.07 points to
      AFP  -  378 words
    • 266 22 Reuter *3.61 SHARE prices closed higher yesterday but brokers said the market still lacked clear direction. The NZSE-40 Capital Index ended 3.61 points higher at 2,224.62 on turnover worth NZ$34 million. Reuter tpr (X MS 000) ANZ Benking 9.10 0.07 ***** AOventeqe* Hldgt 1-25 -0.02 300 Air New Zeelend
      Reuter  -  266 words
    • Article, Illustration
      830 22 AFP SET Index +L 27 SHARE prices closed up yesterday as cautious bargainhunting edged out profit-tak-ing to keep the index in the positive range. Trading was volatile as buying in communications, construction and energy shares met profit taking in banking and flnancials. The SET Index edged up 1.27 points
      AFP  -  830 words
    • 420 22 AFP rl Composite Index +0.07 SHARE prices closed slightly higher yesterday amid a tug of war between profit taking and bargain hunting in active trading, dealers said. "Strong resistance is seen at the 700-point level," said a dealer, adding that market sentiment remained robust. The Composite Index closed up
      AFP  -  420 words
    • 616 22 AFP F1 All Ordinaries *19 MAJOR banking stocks pushed the bourse up yesterday, on the eve of the release of a long-awaited report into the finance sector, which is expected to relax merger rules. The All Ordinaries Index edged up 2.9 points to 2,368.9. Turnover was 227.8 million shares
      AFP  -  616 words
    • Article, Illustration
      773 22 AFP n Composite Index +L5B SHARES closed higher yesterday on the back of late interest in bank stocks and selective third-liners, with the broader market mostly sidelined. "I think the news that BNI has cut its deposit rates by 0.5 per cent attracted some interest in it, as well
      AFP  -  773 words
    • 353 22 AFP Q Manila -8L66 STOCKS closed 2.7 per cent lower yesterday as foreigners stayed out of the market. The PSE Composite Index fell 81.66 points to 2,909.30. Turnover was 7.8 billion shares worth 2.8 billion pesos. Petron Corp fell by 45 centavos to 9.80 pesos while Ayala Corp saw
      AFP  -  353 words
    • KUALA LUMPUR STOCK MARKET
      • 8163 23 Willi I $***!KJM* "M CWUMT pcoivctl rttr Last Vol Day Net Ce» Wgb Le» Company •OOP Htgh Low P/l $mH 790 *50 AJtaometo MO 10 9 MS 673 519 275.6 448 322 Angus* 330 6 M7 330 324 9.8 486.6 905 705 ApoMoFoodHIg 700 50 77 780 740 312.0 428
        8,163 words
      • 288 23 AFX-Asia H Composite Index +28.02 STOCKS closed sharply higher yesterday as sentiment improved following Bank Negara's move to exercise flexibility over its recent lending curbs. Dealers said bargain-hunting by both local and foreign investors helped stocks to close higher across the board. The KLSE Composite
        AFX-Asia  -  288 words
      • 236 23 U» D— ContUMT prd 4® 2 5 md prd 70 4 n Construction 22 0 3 TrodbiQ/Svc ST 9 4 Mrutru 2 0 0 FUMMCO U 1 4 How 9 0 1 Prooorty 94 3 4 Ptonutton 29 I 9 MMnq TOO TruM 3 0 I LOW 92 3 S
        236 words
    • WARRANTS & OPTIONS
      • 3278 24 MMK, Mtftt ft MttMRS »t MM LMt V- mJSf JZl H*. L~ rooo L L 68 48 m 3000 m AMDS c5.5%*****6 ""$35 *0 5 5 435 43 5 43 43.5 22 SI 35 isl SI ml 83.5 84 79 131 77 3164 Aem*******4 41 40 53 26 3161 AHTpth
        3,278 words
      • 178 24  -  WARRANT WATCH -By R Sivanithy FINDING an in-the-money warrant with reasonably good gearing isn't easy, so it's refreshing to come across one from Malaysia Kulim Bhd. The bonus in Kulim's case is that the company's prospects also look promising. The plantation firm's warrant
        178 words
    • 1386 24 Lost V«i Do* L-tOu*. HWi Stn. nmpi-t- M COOP) H*ph L— tutor S—«f Cw PK. 478 >70 m> 5000 A*****C °S J5 £2 or 94 m.5001 AMD0 50c W3 *4 894 «3I WOI W3 4J M 24M S? SI r,l^^i5==« Cd M7 163 X, 193 U603 2 s
      1,386 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1505 25 TURNOVER COOO) VALUE COOO) M«te Cl» Tt<«» Ml" CKt Ttrt MustrtK 34.479 20,748 55.227 109,925 37 244 147.169 Finance 5,950 #.003 13.953 58,607 ***** 69.633 Horttt 1,710 1.642 3,352 5.139 3,217 0.356 Proe«rti« 5,658 15,660 21.318 29,105 20.346 ***** PUnlMton 2.472 2.472 6.864 6,864 MMM 519 519 1,428 1.428 8U»
        1,505 words
      • 228 26 Stacks Vatama •Beriaya Ind 5,026,000 JSH US$0.05 500 4,049,000 •MBf Hidgs 50c 3,797,000 Labroy M 20c 3,699,000 NatSteel 50c 3,596,000 •MBF Land Bhd 3.421.000 •PJDevWt 2,972.000 HK Land US$0.K) 2,920.000 •Berjaya Group 2,816.000 •Multi-PWt98 2.595.000 Stacks O0S Foreign 15,057,100 JSH US$0.05 500 14,878,312 NatSteel 50c 13,242,800 U08 Foreign 13,142,700 SIA
        228 words
      • Article, Illustration
        48 26  -  bf Shiv Taneja HONG FOK CORP yesterday closed ounchanged at 12.58 on a volume of 1.26 million shares. The daily RSI and stochastics are overbought. However, the weekly RSI and stochastic indicate further upside, and this is supported by the daily and weekly MACD charts. by
        48 words
      • 661 26  -  STOCK MARKET COMMENTARY M'si&n shares, in contrast, stage strong recovery after Bank Negara's reassuring statements on banks' credit exposure By R Sivanithy [SINGAPORE] The local market's rehabilitation process continued into a second consecutive day yesterday, as investors responded to signs of firmness
        661 words
      • ON THE GRAPEVINE
        • 70 26 SINGAPORE POWER chairman Ho Kwon Ping, a former journalist, was "scooped" by SP staff yesterday. Speaking at the opening of SFs latest $1.1 billion Stage 3 Seraya power station, he quipped that SP had a reputation of being cost-efficient and this was reflected in the way
          70 words
        • 130 26 GAMBLING is a big business, but casino owners are looking beyond just games of chance. "We are part of a US$3 trillion (that is US$3,000,000,000,000) market for entertainment dollar," Glen Schaeffer, Harvard MBA and president of Las Vegas big shot Circus Circus, was recently quoted as
          130 words
        • 151 26 THE organising committee of the spring/summer collection of Oscar de la Renta is in a bit of a tizzy after being told that Senior Minister Lee Kuan Yew might attend the show, which is in aid of two charities, Riding For The Disabled and the Bone
          151 words
        • 103 26 ONCE in a while, we get mind-boggling news about Hongkong car parking spaces. Now we hear tenants at South Horizon development in southern Hongkong are about to lose their parking lots soon as the owner of all 1,900 parking spaces plans to cancel the leases and
          103 words
        • 172 26 APRIL 28's edition of Fortune 500 promises to be a bulging 436 pages—the thickest in the magazine's 67-year history. The Asian edition is a hefty 232 pages. But don't rush out to the newsstands yet. These bumper issues will hit the stands only from April 14. According
          172 words
    • 4783 25 Or Or M ioo 7 Last Vol Day Last Quota Olv Dtv YW Nat Cap Avg Hlqh LOW StNo Company Sale COOP) High Low Buyer Seller C'vf HI $mll Price INDUSTRIALS 5146 ASENT$10 200 US- 885 885 1275 ASF US$0.***** US885 ,2'J 2M *1 !oOoScm.»iZZ'ZZZ!?K»C<l £ch 7.S g|
      4,783 words
    • 1138 25 1997 LMt Vol Day LMt Ouata ON Otv Yld Nat C»a Ay, MHO Low StNo Cwwr Soft COOP) HHK Low Bwyoc SaHar C'w P/t P*ca SCSOAQ 186 129 2000 ABR Hldgt 5c 130 cd -3 33 133 129 129 130 10 6.0 0.1 1817 57.8 133 202 144 2049
      1,138 words
  • Page 15 Advertisements
    • 208 15 DBS Land guns for the region, Pg 18 WM LMf fL-f c(I 1 1 (K 'I .j _< jj JJ J JJ J Jjj jj J j ■B|| S-Yard has been voted iron of the year V H and naturally the choice of discerning WM golfers in Japan and in
      208 words

  • Page 16 Advertisements
    • 440 16 I YOUR SCHRODER I I CPFSAVINGS. ENHANCEDTRUST. II B I I I I Leaving everything in your CPF account is by no means a bad idea. of the top-performing regional funds. In fact, it returned 125% since I After all, if s safe and secure there, and will grow over
      440 words

  • Page 17 Advertisements
    • 331 17 USociete Generale Group 1996 Annual results TimSoaMGMnk Pans-La Dtfrnst RISE IN NET INCOME TO FF 4.5 BN 19 AND IN EARNINGS PER SHARE 12.5 "Highly encouraging growth in group income and profitability" Marc Vienot, Chairman. BUSINESS Retail banking in France Gross operating income up by 8.6 %to FF 6.2 bn.
      331 words

  • Page 18 Advertisements
    • 107 18 ■Hi At FF our guests can expect nSI H9 "Yes I Can" 5 star service in Shah Alam Hardly surprising, considering they also enjoy the full luxury of a 5 star hotel at only half the price. But then that's something you can enjoy too. Just check in any time
      107 words

  • Page 19 Advertisements
    • 28 19 CALL OUR OFFICE LEASING a SALES DEPT FOR MORE INFORMATION Knight Frank Pte Ltd 16 Raffles Quay #30-01 Hong Leong Building Singapore *****1 Tel: 222 1333 Fax: 224.5843
      28 words




  • Page 23 Advertisements
    • 144 23 Transport Authority Info line— COE Bidding Results Car Registration Number Availability. Available on lOlh or 11th of every month. All you Available between Saturday and Wednesday each week. All you need is need is enter your IC, Passport or Company Registration enter your Car Registration number, number and the Vehicle
      144 words


  • Page 25 Advertisements

  • Page 26 Advertisements
    • 1276 26 BUSINESS Notices To advertise call toll-free 1800-741 1883 SIAM CITY BANK LIMITED acting by and through its Cayman Islands Branch US$45 Million Negotiable Floating Rate Certificates of Deposit due in October 1998 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest
      1,276 words
    • 247 26 IN THE MATTER OF THE COMPANIES ACT. CAP. 5# AND IN THE MATTER OF SUN KEONG BUILDERS PTE. LTD. MEMBERS' VOLUNTARY LIQUIDATION Notice is hereby given thai (he creditors of Ihe abovementioned Company, which is being voluntarily wound up. are required within THIRTY DAYS thereof to send in their names
      247 words
    • 71 26 Rising Occasion openings ISO certification Ground-breaking ceremonies h: Topping-up ceremonies pr A ap'r 1 f ,;3* These and other corporate milestones present perfect opportunities to enhance your corporate image with a self-funding special feature in our newspapers. For more information on how you can rise to the occasion with a
      71 words

  • SHIPPING TIMES
    • 327 27 Reuter TRADING was slow to get underway on the freight market with rates generally looking softer, particularly in the Atlantic for Panamax tonnage, brokers said. Very healthy trading in futures with most of the volume created by spreading between Apr and May: the argument seems to run that
      Reuter  -  327 words
    • 297 27 SCS '000 *t- n CWT Dntnbuttor —1.25 0.02 14 ChuonHup 0.995 0. 146 Coko Invottmont 1.38 0.03 12 FrtM* Unk* 0.78 0.02 17 GBrtoMings 0.M 0. 42 HMSunMup 0.98 -0.005 552 Httachl Zoion 0.78 0.01 20 IMC MoMings HK5.60 Java Holdings 1.03 a 3 Jurong Shipyard 6.55 0.05
      297 words
    • 700 27  -  They handle 67%, or 50.28 m TEUs, of the total volume passing through the 20 ports ft/' Yong Mei Fong [SINGAPORE] Asian ports handled two-thirds of the total container traffic passing through the top 20 container ports in the world last year,
      700 words
    • 198 27  -  From David Taylor in Hongkong HONGKONG'S Director of Marine, lan Dale, has resigned and will leave the department early next year. Although the move has not been officially announced, reliable sources have confirmed that Mr Dale has submitted his resignation, and it has been accepted.
      198 words
    • 525 27  -  STRAIT TALK By I Seafarer LAST week, the bunkering fraternity came together once again at the yearly Singapore International Bunkering Conference. Sitting through the discussions at the ninth run of the show, one could not help but wonder: Has
      525 words
    • 257 27  -  By Marcus Hand [SINGAPORE! Boat Asia 97, the region's major annual boating and marine leisure showcase, opens at the World Trade Centre here tomorrow. This year's show is more than 20 per cent larger than Boat Asia 96, and over 170 exhibitors, both local
      257 words
    • 241 27 US-JAP AM PORT ROW Reuter [TOKYO] Tokyo intends to take retaliatory action if Washington imposes sanctions against Japanese ships which make port calls in the US, Transport Minister Makoto Koga said yesterday, in response to news that the US will begin imposing
      Reuter  -  241 words
    • 136 27 [NEW DELHI] Major Indian ports handled 227.13 million tonnes of cargo in 1996/97 (April-March) against a target of 215 million tonnes, the Surface Transport Ministry said on Monday. "Ten of the 11 ports exceeded their targets during the financial year," the ministry «ftM in
      136 words
    • 1035 28  -  INDIAN SHIPPING: WHAT'S IN STORE Continuing slowdown in ship acquisition as a result of domestic constraints, general uncertainty in the world freight market and the increase in operational costs with declining profitability cloud outlook for the industry From Vivek Raghuvanshi in New Delhi THE most optimistic
      FILE PHOTO  -  1,035 words
    • 380 28 PAGE Ethiopian 6 A£l 13 6 AML 3 Emgreen 6 AMe 4 Fl-8riQM 6 8 Accord 8 F »"»us 7 Appensftp 5 13 Astro 3 foonqSun 8 Austral 9 froti M Avant 6 Frt Links 13 B'tang Mas 8 frt World 7 BSA
      380 words
    • 13736 36 THEBUSINESSTIMES EXPORT ETA ETA Advertiser VnsK Voyage Telephone ETA ETA Advertiser Ves Ml Voyage Telephone SIN Oest'n None Name Number Number SIN Oest'n Name Name Number Number 10/04 04/09 Han|in TRADE COSMOS 004W 45-*****24 A n/04 oi/H oocl apl inoonesia w7 u*****13 12/04 01/05 MISC APL INOONESIA 3M7
      13,736 words
    • SHIPS IN PORT
      • 649 43 Vtittl Voy Wo Borth Airlvil Doportiiro M rt7 I 8 S-EiSX M tla to 57 0104*7 J01 2&2L*? KOchdJ WOW JOt H0»|»l«l H Sar *****7 J01 Inn «M 05/97 J03 HoapIO* ?5f&2? 0*w< WlH Ot JOo aMngitft 10.04/2300 iH E £lc 4/97 JIT «MpMt 09*4/t2oc 1MB MftW 0V»7
        649 words
      • 1334 43 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO loofctaf/BalMC* Istts Ship VOY W< Ctfc/Mr Nftod frow To Frow j wm gag j 09/0700 MAW MAM 4 OVUM MAW M/T7M *555 urn Mat u ovttm wiw www yt". "X -2? 4 (MUM MAW OMTOO mi m Swoo u MAM
        1,334 words
      • 207 43 Philippines: Day of Valour. Apr 12 Thailand: Songkran Festival Day. Apr 18 Brunei: Hari Raya Hajl. Indonesia: Id-el-Adha. Malaysia: Hari Raya Qurban. Singapore: Hari Raya Haji. Apr 28 Australia: Antac Day. Denmark: St. Bededag. Japan: Greenery Day. New Zealand: Antac Day. Apr SO Netherlands: Queen's Day. Mayi Belgium:
        207 words
      • 945 43 THIS report compiled by Cockett Marine OU Lid. Ami price ranpae la US dollars instead of single prlcee for a mora comprehensive deecrtpttaa of the market Prion shown are baaed oa ivm|HM stem Market mo«MMnu are Indicated The Coefcew Bunker Prtca Index chanps and the lndl
        945 words
      • 405 43 Cartaa 180 Mm 9913 U 164 0.11 71 O N AarOl DmMt Mw KhMm A* MmHa iiteiK Noako«tE2S 2 1 9 4 0 0 1 300 Am «J 04 H5 047 32 O jk tn» 300 MM 995.9 7.0 (7.9 0.N 81 0.07 ■wri %W >M/M
        405 words
    • AIR & LAND TRANSPORT NEWS
      • 531 44  -  Agreement also provides for Seventh Freedom traffic rights on cargo By) Felix Chan [SINGAPORE] Singapore yesterday became the first Asian country to formally sign a bilateral open skies agreement with the US. Under the landmark agreement, airlines of both countries will be
        531 words
      • 65 44 [LOS ANGELES] Bryan Moss, vice-chairman of Gulf stream Aerospace Corporation, standing inside the cabin of the company's newest business jet, the Gulfstream V. It was scheduled to depart on Monday for the first non-stop Los Angeles to Londonflight by a business jet. The aircraft can
        REUTER  -  65 words
      • 248 44 Taiwan carrier indicates BA a possible choice AFX-Asia [HONGKONG] China Airlines Co Ltd chairman Chiang Hung-I said he is looking for a strategic partner to buy a 16 per cent stake in China Airlines and indicated British Airways pic is one possibility.
        AFX-Asia  -  248 words
      • 212 44 AFP [HONGKONG] Taiwan-based China Airlines Co Ltd is ready to take off for China immediately if both sides of the Taiwan Strait reach agreement for direct air links, it was reported yesterday. China Airlines chairman Chiang Hung-I was quoted by the
        AFP  -  212 words
      • 177 44 Reuter [ROISSY, France] Air France announced on Monday the start of an alliance with US carriers Delta Air Lines and Continental, part of a strategy to form global links vital to the state-owned airline's future. To mark the beginning of the alliance,
        Reuter  -  177 words
      • 214 44 Reuter [ROME] Air traffic controllers went on strike at 11 Italian airports on Monday at the start of what are set to be two chaotic weeks of stoppages by transport workers locked in contract disputes. The eight-hour stoppage at Bari, Bologna, Cagliari, Catania,
        Reuter  -  214 words
      • 289 44 Deal may not be finalised in May dnring Chirac's visit Reuter [BEIJING] China yesterday cast doubt on the prospect of finalising in May a contract with an Airbus-led consortium for a joint venture to build a 100-scat jet, saying the European side
        Reuter  -  289 words
      • 187 44 AFP [JAKARTA] The Indonesian government has injected 100 billion rupiah (SssB million) into the restructuring of stateowned Nusantara Aircraft Industry (IPTN), a report said yesterday. IPTN vice-president Hari Laksono said the government injected money for restructuring but he gave no detail of the fUnd's origin
        AFP  -  187 words
      • 206 44 AFP [AMSTERDAM] Talks to rescue the Fokker aircraft company have collapsed and the last chance of saving the company has now been lost, the official receivers of the bankrupt business said on Monday. The talks broke down when one of the rescue partners withdrew on
        AFP  -  206 words
      • LOG Book
        • 87 44 [SINGAPORE] Federal Express Corporation (FedEx) has signed an agreement with Kuala Lumpur Airport Services (KLAS), under which KLAS will undertake ground and cargo handling for FedEx at the Sultan Abdul Aziz Shah airport at Suhang. The agreement, the first of its kind for
          87 words
        • 88 44 Bloomberg [PARIS] Bertrand Faure SA, Europe's largest car seat maker, said first-quarter sales grew 10.8 per cent as sales in North America and Germany outstripped gains in France. Sales for the period ending March 31, grew to 3.77 billion u francs (*****.4 million) from
          Bloomberg  -  88 words
        • 82 44 Bernama [KUWAIT] Malaysia Airlines (MAS) is in the initial stage of discussions with Kuwait Airways to resume commercial" air service between the two countries. MAS chairman Tajuddin Ramli said on Monday cooperation between the two airlines came to a halt during the Gulf
          Bernama  -  82 words
        • 93 44 Reuter [LONDON] British Airways pic has awarded Premier Magazines Limited a three-year contract to publish its five in-flight magazines, the UK airline said on Monday. British Airways said the contract was the largest ever awarded in the UK contract publishing industry, representing 11 per cent
          Reuter  -  93 words
      • 1174 44 CITY FLIGHT ETA FII6HT ETP Milllll $0229 2220 F*wfca $0990 0TT5 Amsterdam S0327 0750 KL838 2300 A2TI4 MOO 1 K1833 0935 $0328 2330 0— CS877 0610 GA893 1205 K1834 2350 Heng;hoo S0810 1020 ***** 1485 1 M $0176 IW5_ A**"* P0168 0700 Yij MI893 1415 TG408
        1,174 words
  • Page 27 Advertisements
    • 21 27 Indian shipping headed for uncertain waters Steady decline in the total volume of cargo carried by the Indian fleet. Page 2
      21 words
    • 105 27 S'pore signs open; skies accord with US Agreement also provides fop Seventh Freedom traffic rights on cargo. Back Pag» I -j WHERETO wrrehouse^SßH VOUR FUTURE. H| Enjoy the most convenient location, the best facilities and the advanced features at Singapore's newest hi-tech warehouse and showroom facility. Jyj J Tagore Industrial
      105 words
    • 6 27 Headed for uncertain waters. Page 2
      6 words

  • Page 28 Advertisements
    • 1160 28 I bxport I 031^oErn i /iAt«rm»Mimr> ihimiiti irarnrmn 1 wmCTTOWMI WWW I I "t" r i I vcsa mmm row u on w w wok mkpott BH |ws* l w 1 M aß NXOKON SKIS M/M M/M B/M B/M M/M M/M M/M M/M M/M H/05 pfl 1 Ml H/H|M/M[ nJS
      1,160 words
    • 506 28 Unee 4 eervkw repmemed by Mamtowt of Vw R«gMiy of iVA Aocrtdtod Shipping Agants. S*>g«por» Frw?* Fofwvttor* S-powNaonHShwwgAMoc A»oc«lon. Shipping Times J to us I Iris Lim 740-2044 Tan Lip Chuan 740-1645 JairodLeong *****88 Philip Koh 740-2382 EXPORT 3» Japan 7 x Hongkong Mootio x KWung lA<op»og FQ to MCK/NAHA,/S£NOAJ/CaU/LCMI
      506 words

  • Page 29 Advertisements
    • 809 29 TO EUROPE FROM EUROPE jvesa vor sm m ham wv sou iaT" wsa vor im ra« wv sou i«rw sm I OOQNOK 5147 10/04 01/0$ W/W 03/05 OOQWTA* 1117 14/0J W/W Jl/tl 11/W W/W I TYM 1147 11/W 17/04 JO/04 01/05 OJ/05 DANUK 41*7 W/W H/W W/W W/W W/W ll
      809 words
    • 1606 29 OHANJIN SHIPPING iMHMi/voT mm pm m ror oam mi na m mo m »c cm m m mmm Hgwuwg Hm~ 11/ M I 01/15 M/M M/M M/M M/M M/M M/M M/M 47/ M M/M M/M M/M 17/ M M/M gflt 17/ M M/M~ M/iT" nawaita u/m i;/m I m/m »•/>»
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    • 99 29 |(*TO*n ORIENT EXPRESS UNES (U.K.) LIMITED OIIL (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VBsa voT aowM tomxt vesa vot mw smutou NORDKAP 409 10/04 18/04 NORDKAP 406 03/04 10/04 LEEROffT 916 18/04 25/04 LEEROET 915 11/04 18/04 SINAR TOBA 210 25/04 02/05 SINARTOBA 209 17/04 25/04 NQftDKAP
      99 words

  • Page 30 Advertisements
    • 1010 30 <5T DSR-SENATOR in Round the World Container Services HHBMfIBVPWVVIVHHPVVVPVHHI *ati *rt rSi'" 1 irm |ww!wm 1 m 1 ant |m« lfttssa w|m* I Iwv |ham |fu 1 ant sw IWHWgHTW WF7II UN N.N NN I7N MM NN 11M CMOYNN SUOXSS EETI7 UN (T.N NN (M> 14.M wntu un nn ni
      1,010 words
    • 1183 30 I NORASIAI VESSEL VOY am PKL OOA LAS BCL VAL ALO ROT RK ANT FEL LMA NORSHAAJAH 1713-3 IBS 4 11*4 2*94 77 *4 21*4 UM MS I 7« #2*6 KM M MSC RAFAELA 1714-3 17*4 17*4 82*6 84*6 MB 11SB MM MM USB BMB MSB IMB NORSMBA mM Z2S4
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    • 338 30 CONVENTIONAL SBtVKE TO THAftAND AND MALAYSIA BREAKBUIK, RO/RO AND HEAVYUFT ANY WEIGHT THAI FLAG STATUS PMORfTY BERTHS UkhfnuiAH OIPOtT 10-11/04 10-20/04 10-10/04 23-25/04 20-20/04 20-30/04 01-04/05 A* Eiprwi V.47A !7-0»/05 10-10/15 13-14/05 14-17/05 Ada Expr«u V.4IA 20-23/05 21-23/05 20-27/05 27-30/05 BOOKINGS I ENQUIRES: B MX v m *w«e usmau usimms
      338 words

  • Page 31 Advertisements
    • 1148 31 VOV I WW POU PKO WW I «UW «A UK MANTIYFOUM PJI-1223 20/03/97 29/03/97 31/03/97 HAN QMKYAMAT PJL-1229 18/04/97 12/04/97 28/04/97 MAN TAKMTI PJL-1230 19/04/97 22/04/97 29/04/97 IWOWTAKWn PJL-1224 13/03/97 07/03/97 29/03/97 njWgT ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN.
      1,148 words
    • 1171 31 TO WMBp WGUjp BBMHAO Mi AfIMHI I vM HMfti I it** SHOCTOH WAY TIL 226 1900 FAX: 22*2201 I COSTAR SNIPPING PTE LTD 117-0t MS UK SAIIS/MGS *****41/43 INWAADDfPTfD/O) mmhc (OCTAR AfilHflK fAAI CAM ■lilt I I w ib a «o a ih fk/n m aa on m musmnb ran
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    • 377 31 lAy PERKAPALAN DAI ZHUN U§y TONG JOO SHIPPING PTE LTD CR NO; **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 wen—ww rumn/ mutA-mourt «"njfl /m> cm mnubMßKAm A GISOO# WIM 15/04 MM 9741 14/04 p GMIIAJ ASIS7 13/04 AfPU ***** 17/04 GIIOO 0740 19/04 6MOQ 9703
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  • Page 32 Advertisements
    • 1153 32 I SGP ROM ANW HN THP ZEE LHV LHV THf ROM ANW HBO PKL I W I. RACER RW-SIS IBM MM IBM IMB IMS IMS IMS E. (MINING RE-067 IS/03 IM3 IMS 2SM 21M IM4 1M« C. REACH RW-Tl3 IM4 IMS IMB IMS IMB IMS IMB E. BLOWN* RE-SIS 2M3
      1,153 words
    • 841 32 ISSoST IMM vZ 77*471* IS Si 31*3 c** K* I IMOMM mwa 17*4 v/v 77*4 S/04 74*4 JVW 71*4 71AM MOKNM IMMM 04/04 04AM 07/04 00*4 MAM 71/14 I I JJJUWW. I.JU JMJ ini wgj. n« UMSUPdt OMIM-145 14/04 11/ M 77/04 73*4 UM OtUJN X 033 K/Q3 lIAH I
      841 words
    • 391 32 /CZI NANTAI LINE FULLY CONTAimiSED SOVKITO MAURITIUS SOUTH AFRICA wssa vot m rtu ctt wmvm »m M 4 gg 17/n ?I/N mmwwg HIS ie/M a/w a*4 jymwws om m ow p/is n/ts JWU >14S gg 13/05 17/15 11/15 MAUI MACKS 014S 13/15 M/ 05 01/0* *MMa m WK WK MM
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  • Page 33 Advertisements
    • 735 33 BSA iiH r iiiii i 111 \m 4 %mm MYANMA wmk FIVE STAR UNE (MyOMMT Nmllnml Um) M w Loading for Thjh (R«nf*o) vosa voy sm pee pn rau r PAGAN 242W SU HPA-AN 233W SU MMATSIA ACOITS: MUSIUO SNVfWG AGfNOB KUL m 01-43-1417)00 ML: TH 02-03-37M101 ret m 02-04-2******
      735 words
    • 1138 33 A HYUNDAI I MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 WA I M I wm WW I IN I IN I IB I IH IMI |Ml 14/N 10/N 12/N NtfOOAL 3MW 13/N 30/N 01/0$ 03/0$ 03/0$ 03/0$ N/0$ 10/N 10/N 19/N NT ANNUL 304 M 20/N 07/0$ N/0$
      1,138 words
    • 32 33 Pam^eohi BHPFWO P7l UD IVrnrnkh, LCL eonmoUdmikm mmrvte— to MKXtCO, CENTRAL A SOUTH AMERtCA *ocn*ng cargo for porta h IMMm Oufmrti, S Safrac** Hondurwt, Com Htea, Dominican Rap. Pu**> Mco, Mmm* i»*B^cafambfrecufaf%uC^*t*Mpuy
      32 words
    • 579 33 (tg FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOTLINE: *****33(30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. no. *****P) NO. 30 LORONQ CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL 603-*****33 (20 LINES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM PORT KLANQ Our Company
      579 words

  • Page 34 Advertisements
    • 787 34 lAMQKOK PT KILANO VESSEL VOY SIN BKK VESSEL VOY «N MATHU BHUM** W Wod In Pt Sat I 12AM GURUBHUM 7737 Wod *El_™ I^l XETHA BHUM IwT "t£T~ ~WO4 sST~ ISoT" BUNQA SEROJA 707» Thu 10AM Frl 11/04 HATHA BHOM ImN~ "55 T5705 BMASEMPAT 7543 St 12AM Sun 13** YANTRA
      787 words
    • 450 34 PUL INTERNATIONAL LINE nm omci *r"»*3 k- nmmnttcn jWg gas HPf lilil SUHAIAYA 2 SI6S/WK HWWW MV* 1 1 I mfm I It/fl I JttMLMf -S5 lljffl MB I lf<tt S US ■BBQJiMT SOS I M/ 04 IK j 25/04 Ftl tt/04 «un»mtto/w' Bmamu TjT-B7flUjg irtWuJißL BWB m_ -Mi-KM 24/04
      450 words
    • 837 34 M ACCORD A SHIPPING PTE LTD Til: *****56 (40 Lin*«) PAX s *****46 POffTKLUK (03) 347 1001 J OMfCT ACCESS Til: *****57 (KXKMtT BOOKING) MM OUOAMC (07) SSI 1377 2255M7 (EXPO«T DOC), *****64 (IMPOftT) KMW (04) *****43 U«L:HTTP://WWW.ACCO«D.COM.SG WUUU (11) *44 0779 VAA^ POUT IT* SIM POKT IT* SIN POtT
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  • Page 35 Advertisements
    • 483 35 WMkly LCI A FCI \f M Swvkm to Caribbean I W i« "mm» MI o A Control Amorka I I MABtSK HOUSTON I SEA JADE 9706 615E Port Country 13/04 20/04 Baliza City Will 17/05 24/05 I Bridgetown Barbodoi 20/05 27/05 L» Cartagena Colombia 19/05 26/05 I Castries Si Lucia
      483 words
    • 558 35 PACIFIC INTERNATIONAL UNES (PTE) LTD 1 I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. r CRNO **********06 -r II ft s Hi ik lii I b i is Satt Uh Mi n/1 Wa w/1 V/; n'A m vtfr AtSO KqPTMB MiH POtT SUBAH WASSAWA, ASSAI VIA MBOWTI jjj' ffi
      558 words
    • 756 35 CR WO: **********0Z VESSB-S VOY JED PSD LEH HAM RTM THP ANR VXEQE NORMA NIBW 08HM 18/04 20AM 29AM 30AM 02/06 IB 04/06 mlledeob*na mm ivcm 23/04 28/04 04/06 asm 07/06 oe/oe 09A» VWJJEO'ORION YI9W 21/D4 30AM 02/06 11/06 12*06 14/06 <W 16/06 VILLE 06 VELA VISW 28/04 07/06 00/06
      756 words


  • Page 37 Advertisements
    • 64 37 1 //—VISA FREIGHT SERVICES PTE LTD Kst;iMishccl Since 1 4 >«S4 Tin: TOTAI TKAXSPORTATIOX MOP IT KI (.UI .\K ClßOlllWlil IC I. CON'SOI IPATIOM IMPORT *v IXPORI SI RVIC I S OCEANIA PORTS AUCKLAND SYDNEY BRISBANE MELBOURNE EREMANTLE M VISA Rl K.IIT SI RVICI S PI I ITO A VISA
      64 words

  • Page 38 Advertisements
    • 45 38 TOKYO SHINII KAIUN CO PTE LTD H!!K1 10 ANSON ROAD #30-06 IIAKSMTBVMnONALPIAZA S'POAE 0207 *****28 (8 UNES) FAX: *****08 A *****10 Cms **********08 SERVICE TO: FAR EASTAJ.BJk/EUROPE~| 12/04/97 JAPAN, HONQ KONQ 13/04/07 USA ALL BOOKINGS AND ENQUIRIES, PLEASE CONTACT: S'PORE OFFICE TEL: *****2S (6 UNES)
      45 words
    • 104 38 RIFBUSAHAANPBAMUN W KALIMANTAN 1 DIRECT WIIKIT SMVICI TO JAKAKTA/NUIMMNG vuml vw ru/rri dcstination KAOMUWKI I 4/»7 11/14 Apr joker*/Pefcmbong IAOMUMKI I km IS/H Apr J<*orto/EoUmbon fl lAOMUMKIM J/»7 11/71 Afr iekerte/FeUmbone lAOMUNIKII 7/97 24/15 A*, Jofcortc/Mambong j SURAIAYA/PAHJAHG > CAIAIA JAT A NtAOA 11/11% fu|lioiriltTi ■MA tt/1# Apr Santaya/fM|aafl PERAWAN/DUMAI/JAMBI/P'BARU
      104 words
    • 101 38 X*\C3E3Mm ,T KAWASAKI KINKAI KISEN KAISHA. UTO JAPAN/ HOMO KOMO ITRAITI Vff P.Qudang P. K«lang Panang OCEANIA QUEEN Vl3 Hi MPT iKMNUHTVU W OfOHT KM VM 1t«« Mt maneuHOPfVM MA4 lIM vmmsnam nju ESPOANZA ACE VM V** an MNnnMKW w n*« •ALSO ACCEPTING CARGOES F0« KUCHWG CR NO **********0Z SPOfIE:
      101 words
    • 109 38 UNE OVHSEAS TIAMSrofT CO, DO. IMUBTIIS Fa TO INMAN SUKONT/ARAMAN GULF/OS msi w i km m WNMIM wns IS/M 19/ M ALSO ACCEPT TO: LSMtT *H 11/N M/M own cot# writ n/u m/m mm. mm mm. mmim to n/u w/M Mil— *Wl7 19/ M u/N MMtf TO »/M W/W MAIMUnSNOn
      109 words
    • 46 38 FULL CONttUNR SMVKK 81POUSH ££2^™" I OCEAN <o°™*) OCEAN RUSSIA (MOSCOW) ■I as pom INCL ISTONIA LINES LATVIA, LITHUANIA, SIUUtUS, UKtAINI In iii gill* JWIMMWfILir SHIPPING nnHMXiMTWiII/M IVM H/M LINE •MILT FIEOCK CONNKTKMS Ft OA HONGKONG tt NMM, ZhH ttinifaA Jli■!■!■, WpH Sa M In, Jhyf.
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  • Page 39 Advertisements
    • 385 39 I VESSEL VOY SIN MAA SIN I TIGER WAVE 524N 13-I*o4 21-22/04 I TIGER ISLAND 52SN 11-12/04 16-2004 25-2604 TIGERBRIOGE 526N 14-IVO4 20-2304 28-29/04 I TIGER BAY 527N 17-18/04 23-27/04 01-02/05 I TIGER WAVE S2BN 21-22/04 27-3004 05-0606 B TIGER ISLAND 529N 2S-2ftQ4 3004A8 09-1006 IVESSEL^^VO^^SJP^^CA^^SIJ^I TIGER RIVER 278CN8 10-1004
      385 words
    • 501 39 FREIGHT UNKS EXPRESS 62 Toh Guan Road, Singapora *****1 Tel *****66 (60 Linaa) Fax: *****33 E-mail: flesin@singnet.com.sg CONSOLIDATION SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 19/04 CAPETOWN 14/04 CHILE ETD SIN DURBAN 14/04 VALPARAISO 09/04 JOHANNESBURG 14/04 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 20/04 VALENCIA/BARCELONA 14/04
      501 words
    • 721 39 pTCI (SinQOPOfe) Pte Ltd CFS Kanori db. 79 Aasoa Rood #21-04 (S) *****4 Mk 513 #01-121 g mmln M V 3NO **********0H U 272 7127 3769 MC V&sJ m lot *****13 f«i 221 3942 Fix; 272 7«25 I^^Tl ■OOTMMBOOU/UUUM <"> mwut 10 MM on Ha nt n II K ATI
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    • 159 39 rout TWMS/ WKISAJUMOS: P. MMM/awWW SOUTH tOUND |g» t mm I -SSAMi m w>»wai w*mm jmmi &x jwm eb gfig _M*M! *y«g ivy aw IV* awe JWtAMI Sill ll* MB I^4WB OUUSMII V742S li/W(KD) IV*(MD) NOt™ lOUND *sa ior T~S iS I m jffil lfcfcrtm Bxuaxi mm ~iiy»«n ltfcim BB
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  • Page 40 Advertisements
    • 506 40 SAMUDERA INDONESIA (S) PTE LTD 15 MCCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 ■MM TEL: *****81-3 FAX: *****08 (OUTWARD) *****60 (INWARD) TLX: R*****0 CH HO. 1047W*****0 -BOOKIWCS CALL PIRECTUME: *****41/43 JE^ICA/CEUA/MEICHAM E!ESISZ2i 3 SLGS/WEEK [v6y rSS HXR [vessel ivoy |«W ISUW ifSNAPNUSA 945 WPT 12/04 (SAT) LUMOSO EXPRESS 966 09/04
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    • 1138 40 TWICE WEEKLY EVERY THURSDAY SUNDAY |Q2231 MKHAL FIXED DAYHKIOWOAY i«OT m m Ml FD UK M W LBt FIT KM AM MM I 1 MNG GALAXY A7I4W I IMM I (XWB 01/06 3004 04« MMG QLORY WW SLD SU) SLO SLD SLD I IMM I MMG EAST J7I4W I 13AM
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    • 369 40 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY SIN BOM TRADE FAST TFSIO6 ISAM MAM MEKHANK KURAKO MK3IN 23AM 01 A* KOTA CAHAYA CAHISI 29/04 07/06 SEA SUCCESS I 04N OSAM 17AM ANNOUNCING REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA I VESSEL VOY SIN BOM/N.SHEVA TRANSOCEANIC 06-07
      369 words

  • Page 41 Advertisements
    • 906 41 ASIA(AMPvessa vor an wco ao wTTaN *x wm m w I MSC RAFAELA 9714-3 16 APR OMIT 21 APR 30 APR |02 MAY 03 MAY 08 MAY 09 MAY 10 MAY N SJMGA 9715-3 23 APR 24 APR 28 APR ~07 MAY 109 MAT 10 MAY 15 MAY 16 MAY
      906 words
    • 959 41 1 lib .Jsari wriiggiißL ißtlfelSLlß I H^ITW*WT I~lffi i fST* lis; mm* 17JT I*m iui mm mm MM SuS 21U BE BS 88 mm mm a* mm i BS.MNUK SIS 7 MM* MlM* 11M VM MJS ItM M M). MOM (OK 1147 JIM* 22M MM MM ItM tIM oanw 1147
      959 words
    • 427 41 jfjxrom to mo cm mikm city T*?g?r from*o cmi*/> mm. wt wr wTTnWT km «a wr MWHIWWII Mi IM/MI M/M M/M (MB 11/ M IWIIBMII M M/M N/M (Ml wwm tn« M/M m/m n/M w ivm bmm* wis m/m ii/m pw ■MMH *71* M/M (M/M M/M SM IS/M —MW WIS
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  • Page 42 Advertisements
    • 473 42 /O, SINO EXPRESS SHIPPING I 11 COLLVER QUAY *08-01 THE ARCADE itSINOTRANSI ft 1 8 (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX SINOfMHS SHAHSMAI (CONTAINER SERVICE) VESSEL I VOYAGE I ETA SIN I EIAHKG I gUSHA I а. SUM 1710 m IVM б.wai 9710 ***** 24/04 21/04 6.UKX 1710
      473 words
    • 155 42 SYDNEY, MELBOURNE, BRISBANE MV "BYRON BAY" V. 41S ETA SIN 12/04 FREMANTIE MV "NEDLLOYD JAVA" V. 7203 ETA SIN 14/04 AUCKLAND MV "B. TERASEK" V. 107 ETA SIN 12/04 CALL BOOKING: 220-2022 MARILYN/YONG/HAMIDAH/MAS/LOOI CONSOLIDATION, WAREHOUSING, TRANSPORTATION, HOUSEHOLD REMOVAL AND AIR CARGO SERVICE EXPRESS gipteitd LCL CONSOLIDATION SERVICE Ah imiMi ai
      155 words
    • 166 42 j. T Nf H. m mi-! I DELTA STAR 19/04 ■cANAi_P 19AM 2Q/0* RdnVAtwrtJK/Nan I GAMMA 3CVO4 RdnVAIWUK I IvANK 18K>4 RdnVAIwAJX. I' Loads E7W. Mataytfa. Inctonaata I t ILoadrtg for tl ■starsin Hodaidah/JaddatVAqaba/Egypt/Algiart ■PAN CRYSTAL Duto«/Bahra*VDarTiman/Kuwa* ■A.VERMEZ Hodaidah/JtdcWVEgypt I ■A.HAZER J«dd*VAQaba/ltafy IV, ■sea MASTER DubaVA. Dhatoi/DinwmiVKuwiit M Tjoada Singapore,
      166 words

  • Page 43 Miscellaneous
    • 132 43 LEGEND: R Thmtanlnm T*mp*fOt\jr* "p X\ S Wtolhtr ~S Wind <hr.ct.on wrth KX*d in knot* Ran v 9 Cloudy Sky Wov. h**ht SurfoM «■<! arc mdicot*4 by orrowj which fly with th* wind On* ful arc!* r*pr***nt* cotm or light ond voriabt* wind* 1 On* half fl*ch* r*pr***nt* 5 knot*
      132 words


  • PROPERTY '97
    • 581 45  -  Lacking strong indications either way, the property market has been described as "consolidating" over the last year or so. When will this end and where do we go from here? By: Diana Oon ITS close to a year since the governent pulled the plug on property
      581 words
    • 1037 46  -  INVESTMENT After a hectic '96, govt curbs and exec condos are seen slowing down market this year By Pan Tien Chor The writer is executive director, investments, Jones Lang Wootton THE Singapore property investment market performed extremely well in 1996 with re-cord-breaking sales of almost $13.28
      Source: JLW  -  1,037 words
    • 1468 47  -  RESIDENTIAL A look at prospects and likely impact of 99-year landed properties and executive condos By Willy Shee The writer is managing director, Richard Ellis Singapore 1996 was a watershed year for the residential property market. The turning point came in May when the government's
      ERIC CHU  -  1,468 words
    • 1515 48  -  EN BLOC SALES Once the initial euphoria of reaping a windfall wears off, most enblockers realise the fortune doesn't go far enough to fulfil a fantasy By Rahita Elias The writer is a correspondent with Singapore Business and this article first appeared in the
      1,515 words
    • 737 50  -  RESIDENTIAL There are schemes mostly for people who inherited old houses as well as landowners in old residential estates By Lilian Ng The writer is a regular contributor to The Business Times and Singapore Business. WITH the slowdown in the residential property sector, banks are coming up
      737 words
    • 531 50  -  Five-room and executive flats are likely to come under some pressure By Cai-Chen The writer is general manager, Triumph Property Services HDB resale volume last year totalled 39,079 units transacted, the highest ever. This figure surpassed 1995's volume of 33,462 units by 17 per
      Source: Triumph Property  -  531 words
    • 756 51  -  COMMERCIAL The potential supply will be taken up as there's a growing trend among companies to own their office space By David Ng The writer is director, commercial division. Colliers Jardine Singapore THE strata office market is fast emerging as an important sector in the
      756 words
    • 935 51 Demand for office space in HK, Manila expected to stay high as economic growth continues HERE is a wrap-up of office property markets in the Asia-Pacific region: Bangkok: In line with a slowing Thai economy and mounting problem loans at some of the country's financial
      Source: Colliers Jardine Research  -  935 words
    • 826 52  -  RETAIL In a tough retail market, Orchard Road shopping centres need to work together By Danny Yeo The writer is executive director, retail, Knight Frank IT hardly needs to be said that the retail market is difficult. It has been so for the past three yfcars,
      826 words
    • 1434 55  -  INDUSTRIAL Initiatives in last two years will ensure adequate and continuous land supply By Lee Hon Kiun The writer is executive director, industrial, Edmund Tie Company SINGAPORE continues to be favoured by investors as one of the key locations for their investments in Asia.
      1,434 words
    • 1127 57  -  COMMENTARY Grants to first-time HDB buyers and less directly-HDB loans are both indicators of private property demand By Lee Han Shih The writer is a BT Senior Correspondent NOBODY with any interest in private housing can now afford to ignore two important indicators coming out
      1,127 words
    • 1280 58  -  PROPERTY STOCKS The outlook for the private residential property market and the firms involved from a broker's perspective B t Tan Ee Khoon The writer is director. Summit Research FOR developers, 1996 was a watershed. It was the first time the government introduced measures to curb
      Source:  -  1,280 words
    • 359 58  -  Amid unfavourable conditions market analysts favour only a few property counters By Eddie Toh The writer is BT's KL correspondent WITH supply outpacing demand in many sectors of the property market, many analysts are hardly enamoured of the local bourse's property stocks. Unlike their
      359 words
    • 1427 59  -  NEW ENTRANTS TO PROPERTY DEVELOPMENT Kua Phek Long makes headway in Australia while his feet are firmly on the S'pore market By Michelle Low The writer is a BT journalist THE result of a quick, controversial decision two years ago is now the pride
      ARTHUR LEE  -  1,427 words
    • 1064 61  -  NEW ENTRANTS TO PROPERTY DEVELOPMENT Beyond residential projects, Koh Brothers is eyeing commercial forays By Tan Su Yen The writer is a BT correspondent THE executive director of Koh Brothers and head of its property division, Francis Koh, 34, has a direct philosophy:: "We are
      FILE PHOTO  -  1,064 words
    • 1143 62  -  NEW ENTRANTS TO PROPERTY DEVELOPMENT The founders of sports distributor Ossia Int'l aim to make property a core business By Jenny Lam The writer is a BT correspondent SPORTS distributor Ossia International's plan to diversify into property and to grow it into a significant business
      ARTHUR LEE  -  1,143 words
    • 1062 65  -  INTERNATIONAL PROPERTY UNITED KINGDOM Rising property values and the rediscovery of London as a stylish city are drawing investors from all over the world By Amos Koh The writer is executive director, international project marketing, Knight Frank LONDON properties have been attracting much interest from Singapore
      Source: Knight Frank Research  -  1,062 words
    • 1632 66  -  INTERNATIONAL PROPERTY HONGKONG Prospects for both the residential and office sectors are good, underpinned by squeezed supply and excess demand By Dominic Leung The writer is managing director, Richard Ellis Hongkong Hongkong's economy experienced a noticeable recovery due primarily to a revival of domestic consumption and the
      1,632 words
    • 1085 67  -  INTERNATIONAL PROPERTY CANADA The market was boosted by healthy demand in all but the retail sector By Rob Blain The writer is the regional service director, international sales, Colliers Jardine (Singapore) After the slowdown of 1995, Canada's office market showed a healthy recovery with renewed demand
      1,085 words
    • 990 68  -  INTERNATIONAL PROPERTY AUSTRALIA/NEW ZEALAND A look at the best property bets for this year in the Land of the Long White Cloud Reports by David Bayley The writer, executive director of DTZ Bayleys, contributed these articles in alliance with Edmund Tie Co THE New Zealand
      FILE PHOTO  -  990 words
    • 945 68 With the economy stabilising, the Aussie market is set to pick up THE Liberal/National coalition government took over power last March after 15 years of Labour government in what was hoped would be a breath of fresh air for the Australian economy. The economy ended 1996
      945 words
    • 969 69  -  INTERNATIONAL PROPERTY INDONESIA/THAILAND Despite the odds major sectors of the market are seen as remaining stable, if not buoyant By S N Vasuki r The writer is BT's Jakarta correspondent BY all accounts, this should not be a good year for the Jakarta property market.
      969 words
    • 960 69  -  But analysts are sceptical it will remedy the housing glut By Alan Boyd The writer is a Bangkok-based freelancer who regularly contributes to BT THAILAND is courting overseas buyers with offers of permanent residency in exchange for large condominium purchases, as it strives
      960 words
    • 900 70  -  INTERNATIONAL PROPERTY MALAYSIA As more buildings come up, KL will face its worst office glut in a decade By Eddie Toh The writer is BT's KL correspondent "THE KLCC can easily suck in all the tenants from the Golden Triangle area!" exclaims the worried owner
      FILE PHOTO  -  900 words
    • 961 71  -  INTERNATIONAL PROPERTY MALAYSIA Condo sector hit by curbs on foreign ownership; new developers flood landed market By Eddie Toh The writer is BT's KL correspondent SINGAPORE buyers have almost vanished from the Malaysian residential property market since the imposition of curbs on foreign ownership in
      961 words
    • 1040 72  -  INTERNATIONAL PROPERTY HOTELS Opportunities for hotel buyers this year lie in most of Los Angeles, and Orange and San Diego County in California By Donald W Wise The writer, first vice-president of CB Commercial Real Estate Group Inc. contributed this article in association with Edmund
      1,040 words
  • Page 45 Advertisements
    • 147 45 tlMtl— T IfimiriWH New Developers -Euro Asia pM Investment Sales pi Koh Bros pT Residential p3 -OsslaLand pM Home Loans and HDB pt LobSmT" Office if Hongkong pM Retail p9 Canada pM Industrial pD Australia/New Zealand pM Mtan-ONINII pM Commentary pB Malaysia Office pM Property stocks pM Malaysia Residential plf
      147 words

  • Page 46 Advertisements
    • 114 46 A Landmark Commercial Development NJ(/here Locatum On the brink of CBD Business Is Mixed Raffles City and Suntec City Within walking distance to Bugis T "\T T "I TVI Junction, Dhoby Ghaut, and City Hall With Pleasure* MRTs^ Amenities ISO 1808 BENCOOLEN STREET wStyhsh design, high quality materia^*: and thoughtful
      114 words

  • Page 47 Advertisements
    • 297 47 j y ss lit eewe Bp g Mi „.^^*e*pei^iHßß^^^^Bßil^^B a gMgBB j "K- r 1 JlußSfl W|WII*J !p&< >a 1 rtxars t^nl^Hmn^i^HHH^^^H^ftaH pfßßt f. r sf-iMSr*- 1 »f^ia«JM« %<,l».^—r *j* JFR** L KPT J-- -ji.. t s v•- j^. 3 j^^^^Bj^H^j^HMKßßß l IjHH; 2t -v VHHBpB Br 'ji, i-V t>JB
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  • Page 48 Advertisements
    • 202 48 tit normally a |H 3f commitment. Yet some purchasers only jj| 9p I to see who consider what the interest rate will be in .Kg 3hHh I akL 9 i *1 which are competitive to begin with, but we IjrijH m ■flf PUP I 1 I|l fr™ also keep our
      202 words

  • Page 49 Advertisements
    • 186 49 ERA sells more properties than anyone else in Singapore With more than 1,000 ERA Real Estate Specialists providing professional real estate services to our customers, you can understand why ERA sells more properties than anyone else in Singapore. Our customers have benefited from our complete and comprehensive range of real
      186 words

  • Page 50 Advertisements
    • 312 50 With our That's not all. You will have the flexibility 30-year loan period, at 5% pa. interest rate for Example B Housing Loan to make additional repayments of any amount the first two years, 5.5% pa. for the third year partia additional repayments of $2,000 each year Flexible Repayment Scheme,
      312 words

  • Page 51 Advertisements
    • 400 51 With new Eco connect indoor units Hr copocity the indoor unit minimum copocity ol on indoor unit is 2.BkW, it is possible to connect •fIW-wpy %T con l The new Sanyo intelligent ico indoor unit gives you even more Multi series is a new individual precise regulation of refrigerant I
      400 words

  • Page 52 Advertisements
    • 38 52 i p| If vjpSr! I h i/ r p* 9 J**v'SS*. .j- t 1 m "t g v»- B Turn Your House Into A IH ome Or Distinction ■it H^H^B v&k> p* BSSBSSSgSiSriI 'rx;* fJ V V A
      38 words

  • Page 53 Advertisements
    • 374 53 I Quality I Developments I I Quality I I Investments I Dynasty Pacific Group is an emerging name in the property I industry as a reputable developer, investor and estate manager. I I Its expertise and experience is region wide and extensively f3l itl\if ufaj I I covers Singapore, New
      374 words

  • Page 54 Advertisements
    • 418 54 Join the campaign to conserve water. JOHN HANCOCK TOWER ARDMORE VIEW KEMBANGAN PLAZA vmmm Wj^M 'r>';l t jrs<l ?iI AiA BUILDING ANGLO CHINESE SCHOOL FORTUNA HOTEL Over 750 buildings in Singapore are already saving water with Daikin's revolutionary aircon system. As responsible citizens, we have to take water conservation seriously.
      418 words

  • Page 55 Advertisements
    • 167 55 create a mm IB| ffl I HI I m environment. g..|" -f w\ doorstep til !3bB a LJHKIft 'HmH I IKriU' TBr^r^^^ JltiililNnk Service apartments accommodation expatriates IriiWit associates. IHI ISfl til I lv> _J I :^vv2SSS9fl^H a .ill «M* Valley Point ha* been designed with particular attention t® certain
      167 words

  • Page 56 Advertisements

  • Page 57 Advertisements
    • 205 57 i<\ An Eye For Detail. It's What Sets Us Apart. To the untrained eye, the vase in the picture is just a vase. However, 'V-. the truly discerning will appreciate it as a work of art, with ail the 4; intricacies that distinguish it as a Chi ng vase, dating
      205 words

  • Page 58 Advertisements
    • 5 58 wid fire tiie <*y°u <aspcct
      5 words
    • 153 58 Prices guaranteed to increase on Tuesday Remarkable range of Facilities! .15 April 97'. previous buyers already profited! .18 ho)e Co |f course Buy now and enjoy Immediate capital gains!! tennis, and all racquet and ball games Features 10 lanes Lap pool and swimming Lagoon .15 minutes from the centre of
      153 words

  • Page 59 Advertisements
    • 43 59 RFA fl Y FOR EXCLUSIVE HOMES I WITH RECREATIONAL FACILITIES OCCUPATION (flyajMk OPEN FOR SALE I B' j■. jT I I I g I \l the Hilltop of I ppcr l.a>t (oast Roue! Indok South Road Junction I f H T I J|
      43 words

  • Page 60 Advertisements
    • 176 60 I %> SUCCEEDING STEADILY g Jfert THE 1 Dennis Wee Realty is proud to announce that I K Support Finance Department L*gal Support we have achieved OUT 1996 goal of OVer I H,,111 I I Project Marketing Library System $1,200 I BH c !y>^w I $494H 1! I I Computer-Based
      176 words

  • Page 61 Advertisements
    • 109 61 ■^■Mlft«iß^^!^^^feJij^B^ I^l IVK HH B~ ißml yiH ffl rfi a IMM JHB BB^ksS|K^^^^|MVilfi^f^J r |HHB^^H^^^|NB[ js3|^B^^^^Bb^?JBE Bjiii d^m JH r B 1 i 1 Bx*•■•^■Jfc^^sWV mk «y t~ liSSjßjr 1q |^bI ®I ilia Hazel takes wudbrctly to the nearest MKT Statu*. K gymnasium, squash court, games room and Samnas will
      109 words

  • Page 62 Advertisements
    • 119 62 The Window of Opportunity is Closing... I HS I Imagine a world that's worlds apart.:. a dream-home by the waterfront, surrounded by pools, spas and lovely lagoons, just a stone's throw from threatreland... Yet only minutes to the Changi Airport, the Central Business District and Orchard Road. And to think,
      119 words

  • Page 63 Advertisements
    • 236 63 v iHH| __flßnHiY] jk B H i|H j UE SQUARE The Intelligent City Opens a new chapter of life at the Singapore River X \e* I i j The New Success Story Strategic Location and Business Potential i t lL ii UE Square enjoys proximity and excellent An intelligent city
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  • Page 64 Advertisements
    • 74 64 Inside will be I The customer-focused innovator Right from the start. I That's just one daring innovation by Waterbank Properties. And you can be sure we have more great ideas coming up. After all, we enjoy putting a '-aa I innovation at home. And setting the pace. ■IL k D.«lvqji|f
      74 words


  • Page 66 Advertisements
    • 193 66 National Australia Bank Asia can give you approval on overseas property finance by this time tomorrow. Now, applying for overseas property So when you're looking for a home Give us a call and let one of our finance is fast, quick and easy. or residential investment property in dedicated Client
      193 words
    • 47 66 burgerking^^HJ^^^ M Aroyal sporting the best century cineplex m M times the bookshop BARANG BARANG M mKEN-AIR FUN FACTORY JBL Mk OvA o ?)a Q I K M■•/ y7 <S^/5 id Century Square Shopping Centre: No. 2 Tampines Central 5 Singapore *****9 (Next to Tampines MRT Station)
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  • Page 67 Advertisements
    • 166 67 Simplv sensuous. All hand-t ratted. All tilled richly with the finest ot n.Uiir.il v materials, sue h as lambswool. down-leathers, silk and < ashmere. F\erv l>ed at I uxury Mattress Collet lion is made to seduce vthi. And your loved one. E\|>erience the sleep of royalties. Experience the Airel<x)m and
      166 words

  • Page 68 Advertisements
    • 82 68 zzizzzzn ot spring oil All put together bv the most skilful o.Htsmen f J M l l sno wonder they .ho ihe envy Ot bedm.ikers the world ovei. I xpcnence W I II the sleep «»i rov.illios. fc\|K'rience the sleep ot Luxury Mattress Collection'* 0 J[ I 1 3 V,_
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  • Page 69 Advertisements
    • 213 69 looking for the I I best retail location, the right focus comes with hard work 9 and experience. I I KNIGHT FRANK RETAIL I ALL T} -I ETR I I ST' E[) NA M E N' »VV B Knight k, Prank Tel 2 2 2 1 I K.ltf J c
      213 words

  • Page 70 Advertisements
    • 191 70 You are »\n individual, and so is i'.h h tit our hods And like your demands, wo f htnjsf to use only the finest -1 ho most fjerfet t natural materials, tht* most ski Hod master < raftsmen. Individually, carefully and painstakingly, wo hand- t i ratt them as an
      191 words

  • Page 71 Advertisements
    • 217 71 •i ROBINSON POINTIT'S THE SMARTER BUSINESS ADDRESS. Robinson Point presents discerning businesses a rare privilege to be at k of Singapore's smarter business addresses. every l SMART BUSINESS LOCATION I BrS Eg 0 (he P J commercial hub of Shenion Way. gg ?t' lift VH H to pi I There
      217 words

  • Page 72 Advertisements
    • 228 72 KB Obstacles. > j _j*, gpSfc'- I WE SEE OPPORTUNITIES. Jjgl^B LB' SMp3S^BaS^BBB|MHM^B I■ a J y^**B*^grjpgy" £^g^g?'*S<g^J^igiftXYMMWWPgMpp**-2^^fc^ J iS ',M mi «^XOt£^n. x 1 .3 Hi ■-*=> 11 j 1 ii I i i > < 7 L* 1 apr*.# m __^m k ESsf- •r, KSSSsS rf 5 "-^^BBHI
      228 words